---
title: "Synapse Files For Bankruptcy, TabaPay To Acquire Assets & Affiliates"
url: https://daily.dev/posts/synapse-files-for-bankruptcy-tabapay-to-acquire-assets-affiliates-tuwetyv91
source_url: https://fintechbusinessweekly.substack.com/p/synapse-files-for-bankruptcy-tabapay
type: article
source: "Substack"
published: 2024-04-22T21:29:58.232Z
updated: 2026-03-15T06:07:15.610Z
tags: ["acquisition", "fintech", "payment-processing"]
reading_time: 11
upvotes: 3
comments: 0
language: en
---

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# Synapse Files For Bankruptcy, TabaPay To Acquire Assets & Affiliates

**[Substack](https://daily.dev/sources/substack)** · 11 min read · 3 upvotes · 0 comments

## Summary

Synapse has filed for bankruptcy, and TabaPay is set to acquire its assets and affiliates pending court approval. The acquisition will allow TabaPay to expand its capabilities and revenue sources. However, TabaPay is taking on reputational risk and potential regulatory scrutiny in the process.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://fintechbusinessweekly.substack.com/p/synapse-files-for-bankruptcy-tabapay>

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Tags: [#acquisition](https://daily.dev/tags/acquisition), [#fintech](https://daily.dev/tags/fintech), [#payment-processing](https://daily.dev/tags/payment-processing)

[View this post on daily.dev](https://daily.dev/posts/synapse-files-for-bankruptcy-tabapay-to-acquire-assets-affiliates-tuwetyv91)